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Due to increasing tension in the Middle East, there is a fall in the prices of gold and silver today i.e. on June 8. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams 24 carat gold has fallen by Rs 3,470 to Rs 1.51 lakh today. At the same time, the price of 1 kg silver has come down by Rs 15,748 to Rs 2.41 lakh. On May 31, the price of silver was Rs 2,63,350. According to experts, due to geopolitical tension, people are withdrawing money from the market and keeping cash with themselves. Silver fell by Rs 1.45 lakh from all-time high. This year, there are continuous fluctuations in the prices of gold and silver. On December 31, 2025, the price of gold was Rs 1.33 lakh, which increased to the highest level of Rs 1.76 lakh on January 29. Since then, gold has become cheaper by Rs 25 thousand. At the same time, the price of silver was Rs 2.30 lakh on December 31, 2025, which reached an all-time high of Rs 3.86 lakh on January 29. Since then, silver has become cheaper by Rs 1.45 lakh in 130 days. At the same time, silver has fallen by Rs 22 thousand in just 8 days this month. Main reasons for the decline: Leaving metal and relying on ‘cash’ Generally, gold and silver prices increase in an environment of war, but this time the situation is a little different:
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